Being declared bankrupt is not a method of punishing people who find themselves in dire straits with their finances; the fact is, bankruptcy is classed as an order for protection from your creditors and is issued by the courts. The whole purpose of bankruptcy is to establish your financial position, see what assets are available and what debts need to be paid and after a probationary period allow you to resume your life again free of debt and with no restrictions.
Bankruptcy for the vast majority of people has no impact on their day-to-day lives; your employer need not know you have declared bankruptcy and there are no restrictions on being employed in the vast majority of jobs if you are bankrupt.
There are some professions where being made bankrupt will affect your employment status; for instance, you cannot be a company director if you are declared bankrupt; you cannot apply for a London Taxi Black Cab licence; most of the financial services and legal professions require disclosure of your bankrupt state but here is the key: for most employment where bankruptcy is an issue, all that is required is disclosure.
If you work overseas, bankruptcy has no bearing at all because it only applies to your finances in the UK; you are not obliged by British law to make your bankruptcy known to foreign employers though local legislation may be in place overseas which does require you to disclose it. This is uncommon and unlikely to be encountered in practice.
If you are a doctor, a lorry driver, a teacher, a postman – being bankrupt need never be disclosed unless you choose to make it known. For those occupations where it is an issue, all that is required is for to tell you employer or professional body you have declared bankruptcy and for all practical purposes, once you have been discharged from bankruptcy, every occupation is once again open to you.
The most important aspect of bankruptcy, as with any financial matter where you are making decisions which will affect your life and financial future, is to seek professional advice you can trust and make sure you do this sooner and not later.

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